Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month

Jed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping. ” The great XRP dump According to blockchain explorer XRPScan, McCaleb received just over 442 million XRP from Ripple on May 2.

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This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion

Eight years ago, Fred Wilson, a co-founder of New York-based venture capital firm Union Square Ventures, invested $2. 5 million in then-unknown crypto exchange Coinbase—and that recently became the company’s most profitable exit, Bloomberg pointed out yesterday.

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Charles Hoskinson: Cardano’s PoS Consensus Protocol is ‘1.6 Million Times More Efficient Than Bitcoin’

In a recent interview, the IOHK CEO spoke on the climatic impact of BTC mining and how Cardano is different in its approach. Cardano Is 1. 6 Million Times More Energy-Efficient Than Bitcoin Mathematician and former co-founder of Ethereum blockchain Charles Hoskinson said in a Forbes interview that Bitcoin’s proof-of-work (PoW) consensus algorithm is energy-intensive due […] The post Charles Hoskinson: Cardano’s PoS Consensus Protocol is ‘1.

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Tron (TRX) Co-founder Justin Sun Donates $225k to the COVID Relief Fund for India

Justin Sun–the co-founder of Tron—a smart contracting platform and a competitor of Ethereum, has donated $225k or two million TRX coins to the COVID Relief Fund for India created by the co-founder of Polygon, formerly the Matic Network, Sandeep Nailwal.

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220 Million+ IOTA Locked in Just 12 Hours Ahead of Chrysalis Launch

IOTA co-founder has tweeted that over 220 million coins has been locked in as IOTA users are preparing for the migration to Chrysalis network

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Crypto wallet ecosystem imToken closes $30M Series B investment

CryptoNinjas » Crypto wallet ecosystem imToken closes $30M Series B investment imToken, Asia’s largest crypto wallet company, today announced the completion of a USD $30 million Series B financing led by Qiming Venture Partners, with participation from its lead Series A investor IDG Capital and new investors including Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and co-founder of Fosun International, Mr.

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Chainalysis Raises $100 Million with a $2 Billion Valuation, No Plans to Go Public Yet

Blockchain research and analysis firm Chainalysis is the latest company in the crypto industry to raise funds. The firm has raised $100 million from investors led by Paradigm, co-founded by crypto exchange Coinbase co-founder Fred Ehsram.

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Lolli Raises $5 Million From Reddit Founder’s VC Fund to Accelerate Bitcoin Adoption

Bitcoin rewards company Lolli has raised $5 million in the latest funding round led by Seven Seven Six, the venture capital fund headed by Alexis Ohanian, the founder of Reddit. “This is an exciting time and opportunity to accelerate adoption and increase accessibility to bitcoin,” said Alex Adelman, CEO, and Co-founder of Lolli.

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BitMEX Co-Founder Released on $20 Million Bond

The criminal charges brought against Delo accuse him of violating the U. S. Banking Secrecy Act during his time at BitMEX.   Delo traveled to New York for his arraignment before the court on March 15 in a remote proceeding.

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Glassnode Co-founder Believes the Illiquid BTC Supply Growth Is Bullish

Glassnode co-founder and on-chain analyst Rafael Schultze-Kraft considers this is a bullish sign ahead of Bitcoin. On the Verge of BTC Consolidation? Currently, there are more than 14,5 million BTC termed to be illiquid, according to glassnode.

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Ripple: Jed McCaleb dumps 40 million XRP

According to data from XRPscan, in the past two days, co-founder of Ripple, Jed McCaleb moved roughly 40 million XRP from his "tacostand" wallet, which was named and activated when McCaleb was still wThe post Ripple: Jed McCaleb dumps 40 million XRP appeared first on AMBCrypto.

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Bitmain Co-founders Resolve Long-Standing Disagreement on Company’s Future

In the settlement, the current CEO and Chairman of Bitmain, Jihan Wu, will step down from his position to make way for the other co-founder Micree Zhan. Zhan agreed to purchase $600 million worth of Bitmain shares, which represents just over half of the total, as part of the transferal of power.

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Ripple Co-Founder, Jed McCaleb, Resumes Selling Spree; Dumps 28 Million XRP in 24 Hours

Ripple's co-founder Jed McCaleb is back selling a boatload of XRP. The last time he cashed out of his XRP stash was 25 days ago. Could this be related to the SEC suit? Jed McCaleb, one of Ripple Labs’ founders, has been dumping millions of his XRP holdings of late.

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Ripple Co-founder Sells Another 28.6 Million XRP Despite SEC Charges

Ripple Labs co-founder Jed McCaleb has sold over 28. 6 million XRP tokens this week despite the ongoing charges being laid against the company. The sale amounts to roughly $8. 58 million at the time of writing.

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Ripple Co-Founder Jed McCaleb Dumped $400 Million of XRP in 2020

Jed McCaleb, one of Ripple Lab’s co-founders has sold over $400 million worth of XRP in 2020, representing almost three percent of the current market cap. XRP Fire Sale Many that have been tracking the movements of McCaleb’s XRP stash are unsurprised that this massive sell-off has coincided with the harshest legal allegations Ripple has … Continued The post Ripple Co-Founder Jed McCaleb Dumped $400 Million of XRP in 2020 appeared first on BeInCrypto.

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Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020

Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months.

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Here's why Bitcoin will reach $1 million by 2026 according to this economist

Macro investor Raoul Pal, CEO and Co-Founder of Real Vision Group thinks Bitcoin will soar to $1 million in roughly five years' time. He believed that with the asset’s restricted supply, market demaThe post Here's why Bitcoin will reach $1 million by 2026 according to this economist appeared first on AMBCrypto.

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Billionaire Rubenstein Invests in Paxos

David Mark Rubenstein, co-founder of the The Carlyle Group private equity and asset management firm with some $200 billion in assets under management, has led a $142 million series C...

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Centra Co-Founder Prisoned for $25 Million ICO Scam

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Centra Tech Co-Founder Sentenced One-Year in Prison Over $25 Million ICO Scam

Robert Farkas, 34, the co-founder of the cryptocurrency firm Centra Tech was sentenced to a year in prison on Tuesday by US District Judge Lorna G. Schofield in Manhattan. Farkas pleaded guilty to tricking investors of over $25 million in an investment scam that was promoted by the likes of Floyd Mayweather and musician DJ […] The post Centra Tech Co-Founder Sentenced One-Year in Prison Over Million ICO Scam first appeared on BitcoinExchangeGuide.

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USDC Grows 10% Week on Week to Over $3.3 Billion Across Chains

USDC has increased its overall market cap by almost seven times from $469 million to over $3. 27 billion in 2020. In addition, USDC is also seeing aggressive week over week growth. Circle co-founder and CEO Jeremy Allaire recently stated on Twitter: “Just a week ago we shared that USDC had crossed 3 billion in circulation.

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3iQ Prepares Ether Fund Launch on the Toronto Stock Exchange

The firm has already launched a public BTC fund on the Toronto Stock Exchange and is now expanding its offering with the Ether Fund. The Ether Fund IPO According to Tyler Winklevoss, Bitcoin billionaire and co-founder of Gemini, a cryptocurrency exchange and custodial platform, 3iQ’s Ether fund has raised approximately $75 million before the IPO.

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29.5 Million XRP Tokens Dumped by Jed McCaleb in One Day. When Will He Stop?

Ripple co-founder Jed McCaleb has started unloading his XRP holdings at a dizzyingly fast speed

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Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered

The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims of “tens of millions of dollars.

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Youtuber Casey Neistat: Mining Bitcoin ‘Yielded More Heat Than the Lava on Mustafar’

YouTuber Casey Owen Neistat took to Twitter on Thursday to share with his 2 million followers that he had mined Bitcoin in the past. While sharing his story of running the Bitcoin mining operation, the filmmaker, vlogger, and co-founder of the multimedia company Beme further commented on the mining machines' extreme heat.

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Chainalysis Set to Become Blockchain’s Next Unicorn

Blockchain analysis and data provider Chainalysis should attain unicorn status this upcoming week as raising another $100 million in venture capital would give it a $1 billion valuation. In an interview with Forbes on Nov 20, Chainalysis CEO and co-founder Michael Gronager confirmed the upcoming event.

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Fireblocks adds Coinbase co-founder to board of directors

The addition of the Coinbase co-founder to Fireblocks’ board followed a $30 million funding round.

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Flash Loan Attack Dupes Origin Protocol of $7 Million Funds, Investigation Underway

Another week, another flash loan attack on a yield-generating blockchain protocol. Origin Protocol Compromised In an announcement made earlier today, the Co-Founder of Origin Protocol, Matthew Liu told the Origin community that Origin Dollar (OUSD) – the yield-generating stablecoin on the protocol – had been hacked.

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KuCoin Co-Founder: We Have Recovered 84% Of The Stolen Funds From The September Exchange Hack

Crypto exchange, KuCoin, has now recovered approximately 84% of the stolen $281 million worth of crypto assets following a hack in September of this year. This means that the exchange has recovered about $236 million.

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KuCoin Co-founder Says 84% of Hacked Funds Have Been Recovered

KuCoin, the crypto exchange that made headlines in September due to a $280 million hack, has reclaimed most of the affected assets, says its co-founder. On Wednesday, KuCoin co-founder Johnny Lyu tweeted that 84% of the affected assets have been recovered via methods like on-chain tracking, contract upgrade, and judicial recovery.

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Asset manager: MicroStrategy’s $425m Bitcoin bet may become $10b in a decade

Dan Tepiero, the 10T Holdings co-founder, believes MicroStrategy’s $425 million Bitcoin bet could be worth $10 billion in a decade. The post Asset manager: MicroStrategy’s $425m Bitcoin bet may become $10b in a decade appeared first on CryptoSlate.

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Bitcoin Eyes $11,000 After $50 Million BTC Purchase From Square

Square is a company that markets software and hardware payment products, founded by Jim McKelvey and Jack Dorsey, the co-founder, and CEO of Twitter. Jack Dorsey has been a big fan of Bitcoin for many years.

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Ripple Co-Founder Chris Larsen Moves $115 Million Worth of XRP to Custody Firm NYDIG

Co-Founder of Ripple, Chris Larsen has recently transferred $115 million worth of XRP to an unknown account. This raised some surmise in the crypto community as Ripple is known to move such huge amounts every once in a while which many consider being a manipulative strategy on XRP’s price.

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Stacked Closes Seed Round with Alameda Ventures, CoinFund, and others

Co-Founder and CEO of Stacked, Joel Birch, announced today that the company has closed a $1 Million seed financing round after early success of their beta product launch in January....

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SushiSwap founder returns $14 million to developers fund

Co-founder of DeFi project SushiSwap, which raised $1.5 billion in just a week and then mired in scandals, returned all the $14 million worth of ETH that he withdrew from the developer fund and sold last week. Chef Nomi apologized for his actions.

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BoE Governor Calls for Setting Global Standards for Stablecoins, Instead of Playing Catch Up

Stablecoins have been enjoying tremendous growth, and DeFi mania has only been pushing it further, so much so that these USD-pegged coins have been adding $100 million per day since mid-July. “DeFi yields/interest rates are clearly a vacuum sucking in a lot of stablecoins,” shared Coin Metrics co-founder Nic Carter.

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Ripple and Chris Larsen Wire 20 Mln XRP ? Binance, Coinbase Pro Are Among Recipients

XRPL Monitor revealed that in the past 15 hours, Ripple and its co-founder Chris Larsen transferred twenty million XRP to Binance, Coinbase Pro and another Ripple wallet

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Will XRP’s Abysmal Performance Return Following Jed McCaleb’s Huge Sell-Offs?

Popular cryptocurrency transactions tracker, Whale Alert has revealed through an investigation that Ripple co-founder Jed McCaleb has sold 375 million XRP so far in 2020. The total value of which is $75 million – sold around 1.

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Visa Partner Non-Custodial Lightning Network Wallet Zap Secures $3.5 Million Funding

The non-custodial Lightning Network wallet Zap has closed a $3. 5 million seed round led by Green Oaks Capital, which previously backed Robinhood and Stripe. Morgan Creek co-founder Mark Yusko and Anthony Pompliano also joined the round.

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Centra Tech Co-Founder Duped Investors for $25M via DJ Khaled & Floyd Mayweather Promoted ICO

Co-founder of the cryptocurrency firm Centra Tech admitted to conspiring to dupe investors into investing $25 million into the company by lying about an initial coin offering (ICO), the Justice Department said.

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Co-Founder Of $722 Million Bitcoin Scam Scheme Arrested On Sex Charges In Indonesia

Russ Albert Medlin, the founder of the infamous Bitcoin Club Network has been arrested by the Jakarta police force. According to a Jakarta media outlet, Medlin who had previously been indicted by the United States department of justice over a $722 million Cryptocurrency scam was apprehended in South Jakarta on Monday, for engaging in sexual […]

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Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale

A co-founder of the celebrity-backed Centra Tech crypto scam has pleaded guilty to his role in the $25 million fraudulent ICO.

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Aeternity Co-Founder Raising €100M VC Fund Focused on Emerging Markets

Nikola Stojanow has launched a €100 million venture capital fund to support blockchain opportunities in underdeveloped regions of Europe, Asia, MENA and Africa.

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Bittrex Is Puzzled Over 24M Stolen STEEM Tokens on Its Holding Account

Bittrex’s co-founder Richie Lai on 24 million seized STEEM tokens on their account: “We must live by the rules of the blockchain”

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Glassnode Co-Founder Explains 9 Reasons Why You Should Be Long-Term Bullish On Bitcoin

The past few days have been very volatile for the bitcoin price. On Saturday and early Sunday morning hours, bitcoin erased 15% of its value to sink to the low 8K level. The BTC price pullback caught a majority of the traders with their pants down as over $275 million worth of long positions were […]

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Ripple Co-founder Jed McCaleb Liquidates 54 Million XRP Valued at $11.7 Million

Coinspeaker Ripple Co-founder Jed McCaleb Liquidates 54 Million XRP Valued at $11. 7 MillionIn a controversial step, the Ripple co-founder sold an average of 1. 8 million XRP tokens for each day of April 2020.

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Ripple Co-founder Sold-off 54.2 Million XRP in April

Ripple (XRP) co-founder Jed McCaleb has regularly sold off his XRP holdings since agreeing to a settlement with the Ripple team in 2014 The co-founder of Ripple, Jed McCaleb, sold off over 54 million XRP tokens in April, according to analysis of wallets linked to McCaleb shows.

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Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April

Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity.

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ETH 2.0 will more than halve annual issuance of tokens to two million, says co-founder

ETH 2. 0 will see the second-largest cryptocurrency by market cap switch from proof-of-work to proof-of-stake. The platform’s co-founder has announced that annual coin issuance on the network could reduce from 4.

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